GalwayBayFM

House prices in Galway drop since the start of 2023

Share this article
House prices in Galway drop since the start of 2023

Galway Bay fm newsroom - There's been a fall in house prices across Galway city and county since the start of the year.

Advertisement

In the city, they've fallen by €5,000, or one percent, in the first three months of the year, while in the county they fell by just €1,000.

Nationally, the 0.3 percent fall marks the first time there's been a decrease in prices in a decade, according to the latest Daft.ie House Price Report

Advertisement

The number of homes available to buy at the beginning of March stood at just 13,000 - up 30 per cent on the same date last year but still below the 2019 average of 24,200.

CEO of the Institute of Professional Auctioneers and Valuers Pat Davitt says the latest figures point to the possibility of prices levelling off.

House prices in Galway drop since the start of 2023

95.8 MHz Galway City
95.8 MHz Clifden & West Connemara
97.4 MHz South Connemara & Aran Islands
96.8 MHz County Galway
97.4 MHz East Galway
97.2 MHz Gort Area

Copyright © 2024. Developed by Square1 and powered by PublisherPlus.com

Download the GBFM App
Advertisement